805_Quinnipiac_Prospectus(RUNO_ADDED)_(1).pdf

This is a prospectus issued by the City of New Haven's Economic Development Administration for the adaptive reuse or redevelopment of the former Quinnipiac Real World Math STEM School site, a 2.5-acre, 29,771 square foot property located at 805 Quinnipiac Avenue/460 Lexington Avenue and 3-5 Runo Terrace in the Fair Haven Heights neighborhood. The City seeks comprehensive redevelopment proposals that transform the site into a vibrant, community-serving asset reflecting one or more of the City's legislative priorities: job creation for New Haven residents, public safety enhancement, affordable housing development, and advancement of health equity and environmental justice. The RFP requires respondents to submit detailed proposals including qualifications, conceptual plans, and financing strategies with a unified vision under one lead developer. The official RFP will be posted on the City's procurement web portal with proposals due by January 20, 2026. The City will consider both long-term lease and sale options, as well as mixed-use proposals, provided the respondent demonstrates exceptional design capability, community engagement potential, and market viability while securing necessary public approvals.

The property, originally constructed in 1965, closed in 2021 and is currently assessed at $5,023,200 with an independent appraisal valuing it at $7,176,000. The site is zoned RM1 and located strategically approximately 3 miles from downtown New Haven, within walking distance of Grand Avenue's Latino-owned business district, major employers, Yale University, and public transportation via CT Transit Route 212. No specific budget range is provided in the RFP. A Phase I Environmental Site Assessment is available for review. The RFP does not explicitly specify set-aside designations for disadvantaged enterprises; however, the City emphasizes creating opportunities for New Haven residents. Evaluation criteria will focus on the respondent's ability to present a transformative vision that integrates with existing land uses, demonstrates market viability, and shows exceptional design and community engagement potential.